4.6.09

Patrizzi & Co New York: Important Pocket Watches, Vintage and Modern Wristwatches on June 4, 2009.

Two sessions offer outstanding pocket watches, vintage and modern wristwatch, with NO buyer's commission and simultaneos Internet bidding.



Gerald Genta (Lot 292)
Estimate: $ 400,000 - $ 500,000


On June 4 in New York, Patrizzi & Co Auctioneers will present "Important Pocket Watches, Vintage and Modern Wristwatches" comprised of some 290 timepieces of outstanding quality, provenance and rarity. The auction follows two highly successful Patrizzi & Co auctions in Europe — the Davide Blei Vintage Rolex Collection, which was held March 22 in Milan and totaled more than $3.7 million with 114 timepieces, and the April 19 auction in Geneva with sales totaling over $6.7 million with 80% of the 263 lots sold.


Patek Philippe (Lot 196)
Estimate: $ 80,000 – $ 100,000


Patrizzi & Co was founded last year by Osvaldo Patrizzi with the purpose of bringing transparency at an auction. He also achieved fully integrating online communications with the traditional auction format and, most importantly for Patrizzi & Co’s clients, eliminated fees and simplified the auction process.

Rolex (Lot 291)
Estimate: $ 40,000 - $ 60,000


NO buyer’s commission: This represents the saving to buyers of between 20–25% of the hammer price, which most other major auction houses currently charge.

Vacheron Constantin (Lot 247) Estimate: $ 3,000 - $ 4,000



Five-year guarantee of authenticity: This guarantee eliminates what is often perceived to be the “risk factor” in buying important pieces via the Internet and includes an accurate and very detailed description of the quality of the piece(s) being purchased.

Patek Philippe (Lot 208)
Estimate: $ 100,000 to $ 150,000

A choice of catalogs: Clients have a choice of purchasing a special commemorative catalog or a digitally printed color catalog or downloading their own personalized version of the online catalog onto their personal computer or new generation e-Book.

Vacheron Constantin (Lot 249)
Estimate: $ 1,500 - $ 2,200


Auction
Thursday, 4 June 2009, 10:30 a.m. (lots 1 – 100) and 2 p.m. (lots 101 – 293)
Patrizzi & Co,
595 Madison Avenue, 6th floor, New York







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